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The event of Magnum Logistics from a start out-nearly an established regional motor carrier and 3rd party logistics supplier is the result of the ingenuity and hard work of various folks. These days, Magnum Logistics has an IT infrastructure, a community of motor carrier companions, and a gaggle of educated, Specialist managers in the sphere that are 2nd to none.

Over the past three decades practically 40,000 trucking companies have declared individual bankruptcy or ceased Procedure. These bankruptcies and closures ended up the result of skyrocketing devices expenses, better insurance policies rates, volatility in the price of diesel gas, and tighter access to funds. These factors, coupled with weak need and frustrated freight prices, drove smaller and medium sized motor carriers from your Market. How did Magnum Logistics endure On this local climate when more substantial, improved-set up, greater-capitalized companies did not?

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